Strategy & MCS in Start-ups – Case Study

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Journal Title

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Volume Title

School of Business | Bachelor's thesis

Date

2023

Major/Subject

Mcode

Degree programme

Laskentatoimi

Language

en

Pages

28

Series

Abstract

This study highlights the previous literature’s findings on the relationship between strategy and management control systems. Through the use of Simons’ levers of control -framework the relationship is studied further. The framework aims to balance control in the age of creative value creation. The framework is implemented as a case study for an early-stage start-up company whose mission is to create life-saving technology in the health technology field. This study finds that the implementation of control systems adds value, enables growth, and aids in risk management for start-up companies.

Description

Thesis advisor

Falk, Kerstin

Keywords

strategy, management control systems, levers of control, start-ups

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